Odyssean Investment Trust (LON:OIT) Sets New 1-Year Low – Here’s What Happened

Odyssean Investment Trust (LON:OIT)’s share price reached a new 52-week low on Friday . The company traded as low as GBX 134.36 ($1.74) and last traded at GBX 136.50 ($1.77), with a volume of 194395 shares changing hands. The stock had previously closed at GBX 135.50 ($1.76).

Odyssean Investment Trust Trading Up 0.7 %

The business’s fifty day simple moving average is GBX 150.03 and its 200-day simple moving average is GBX 157.84. The firm has a market cap of £182.88 million, a P/E ratio of -37.75 and a beta of 0.75.

Insider Buying and Selling

In other Odyssean Investment Trust news, insider Arabella Cecil acquired 3,397 shares of the stock in a transaction that occurred on Friday, January 10th. The shares were bought at an average price of GBX 150 ($1.94) per share, for a total transaction of £5,095.50 ($6,600.39). Also, insider Richard King acquired 2,855 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were acquired at an average cost of GBX 153 ($1.98) per share, with a total value of £4,368.15 ($5,658.23). 15.83% of the stock is currently owned by insiders.

About Odyssean Investment Trust

Odyssean Investment Trust PLC is a closed-ended investment company that seeks to deliver attractive returns to its clients by investing in great businesses and supporting them to become even better. To achieve this the company has appointed Odyssean Capital LLP to manage the portfolio.

Odyssean Capital will invest in a concentrated portfolio of well researched smaller companies, typically too small for inclusion in the FTSE 250.